Finastra reviews

3.7

71% would recommend to a friend

(3,211 total reviews)
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Chris Walters

71% approve of CEO

61% positive business outlook

Finastra has an employee rating of 3.7 out of 5 stars, based on 3,211 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Finastra employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

3K reviews
3.0
Oct 19, 2017
Recommend
CEO approval
Business Outlook

Pros

- Benefits are good. 21 days of PTO + 10 bank holidays is significantly more than most software companies in this area - Medical is pretty good. Some people are not aware of how good it actually is for say a family. Other competitive offers I've received have worse medical coverage/premium rates - The people you work with are usually all pretty high caliber performers - Depending on which office you're at, you might have better sense of camaraderie and culture. - Initial salary offer was very competitive

Cons

- Vista Equity companies all suffer from chaos created from mergers/acquisitions/reorganization efforts. They acquire companies, lay off some people, force the new pieces together, put a little make up on that pig, sit back and see if the new entity can be sold in a few years. If the answer is no, they go acquire more companies, force even larger mergers with larger layoffs, sit back and see if the new entity is sell-able then. People who know the most about clients, know the most about products, know the most about the code will be trimmed to make the company look leaner and more profitable than it is. When this happens morale will hit the floor and more people will leave. - Company/Product direction and priorities change on a whim. You will not believe how many projects I was on in the span of a year, with only a few standing a chance at completion. - Bonuses exist, but because there's so much change from a high level there is little hope to achieve the markers executives/board of Directors want. So assume you'll get a tiny fraction of a bonus, if anything. - Career progression and raises barely exists here. There are lots of fairly tenured people who haven't been able to move up. I was having a discussion with a co-worker who had been here for 10 years and is criminally underpaid.

1.0
Jul 9, 2017
Recommend
CEO approval
Business Outlook

Pros

Should look ok on a resume

Cons

Incredibly poor choices by D+H management team will come to a head. Understaffed, untrained, reorged, declining growth organization falls short of delivering what they sell Banks catching on to the bait and switch and references hindering sales. Downward spiral result - management won't invest to train and deliver on what they have since top line is not growing, then bottom line suffers since the company cannot deliver on the biz they have, which leads to terrible referalls.

1.0
Jul 11, 2020
Recommend
CEO approval
Business Outlook

Pros

It remains a paycheck, which is important to have in a global pandemic.

Cons

The people in management are a constant parade of new fresh faces whose business knowledge is supposed to fix everything. Those faces are broken by the place within a year and they are replaced by the new rainmakers who are on the same ride to eventually departure. Decisions are being made by people who have no insight into customer experience, operational reality, or actual staffing needs in the field. They keep adding more high salaried managers at the expense of having people in the ground who actually do stuff.

Viewing 70 - 72 of 3,211 Reviews

Glassdoor has 3,477 Finastra reviews submitted anonymously by Finastra employees. Read employee reviews and ratings on Glassdoor to decide if Finastra is right for you.